Nigeria investors cautious ahead of next week’s bonds PMA
The Central Bank of Nigeria conducted OMO auctions every day this week. Olawale Hamed, Currency Trader at UBA joins CNBC Africa to review activities in Nigeria’s fixed income and forex market this week.
Traders cautious ahead of Nigeria’s MPC decision
Traders are cautious as they await today’s Monetary Policy Committee outcome to give guidance on interest rates. Dipo Ajayi, Head of Fixed Income and Forex at Chapel Hill Denham joins CNBC Africa for this discussion.
CBN Asks SMEs To Name Banks Frustrating FOREX Reforms
CBN Asks SMEs To Name Banks Frustrating FOREX Reforms.
CBN to sell dollars to fuel importers, airlines
The Central Bank of Nigeria plans to offer dollar forwards to be delivered within two months, in a bid to offset the backlog of matured forex obligations to fuel importers, manufacturers and airlines.
Nigeria stocks start week in negative
Nigeria's bourse closed negative on Monday, as investors took profit from a number of counters. Meanwhile, the Central Bank of Nigeria on Monday disbursed a total of 240 million dollars to retail end-users and authorised forex dealers.
Nigerian students in UK lament unstable exchange rates
CBN Forex Policy - Nigerian students in UK lament unstable exchange rates.
Nigeria issues N100bn OMO T-bills
Nigeria's central bank last week stepped up its efforts to mop up liquidity in the banking system by issuing over N100 billion OMO T-bills two weeks before the November monetary policy committee meeting.
Nigerian stock market starts week negative
The Nigerian equity market opened the week on a negative note with the NSE All Share Index falling 0.27 per cent to close at 27,220.09 points. Investors are digesting more bad news from corporate Nigeria as the economic recession.